Capacitor Metals Corp. Enters Agreement to Purchase Blue River Assets and Announces Financing

Capacitor Metals Corp., based in Vancouver, BC, has signed a property purchase agreement with Commerce Resources Corp. to acquire 100% interest in the Blue River property in British Columbia. In return, Commerce will receive 20 million Capacitor shares valued at $0.05 per share. The transaction is subject to conditions, including TSX Venture Exchange acceptance.

The agreement also covers certain real property in Blue River, BC. Additionally, Capacitor has engaged Zimtu Capital Corp. for a ten-month contract covering various administrative and managerial services.

Capacitor plans to finance the exploration of Blue River with a private placement of up to $2 million. This will support an updated technical report and a new strategic plan. The team, led by Dave Hodge, includes industry veterans such as Dr. Axel Hoppe and Justin Schroenn.